Rachel Chitra
Stories by Rachel Chitra
Sea Ltd looking to sell Canadian games developer Phoenix Labs: report
The SG-based company has engaged an advisor for the sale, but the response is said to be tepid.
India’s PhonePe turns decacorn as General Atlantic leads $350m fund raise
The company last raised $90m at a $5.5b valuation in Nov 2022.
Warburg Pincus-backed Avanse Financial Services raises $98m from Kedaara Capital
Avanse said it disbursed $596m loans in the first nine months of fiscal 2023.
India Digest: TA Associates backs Synokem; GetVantage, IPV team up
GetVantage and IPV to invest in more than 500 businesses over the next 12 months.
Sequoia India, PayPal invest in Dubai-based BNPL player’s $58m Series C round
The round values Tabby at $660m, per the announcement.
DFC plans $10m loan to Accial Capital’s fintech fund for emerging markets
Accial Capital has backed several prominent startups in SE Asia, including Investree, Pinktek & Rainforest.
India’s kiranatech startups pivot to lending as demand wanes, but will it sell?
Competition from existing lenders and store owners' preference for cash dealings are some of the challenges.
SEA Digest: Lion Corp picks stake in Vietnam’s Merup; ComfortDelGro backs Ottopia
Israeli AV software startup Ottopia raised $14.5m Series A from investors including SG's ComfortDelGro.
Former Zalora, Grab execs’ logistics startup Locad bags $11m in Series A funding
The round was led by Reefknot and participated by investors including Sequoia's Surge.
Temasek-backed ST Telemedia Global Data Centres looking at $1b IPO: Bloomberg
The Singapore company has held discussions with potential advisors, the Bloomberg report added.
